Trends in Higher Education Pricing & Student Aid

October 11, 2011

Al Hermsen Paul SchroederSr. Director – Student Financial Aid Sr. Educational ManagerWayne State University College Board

Midwestern Regional Office

Agenda

• Interactive conversation

• Walkthrough of “Trends” web-site

• Goal: Familiarize you with web-site/useful tool

• Why use “Trends” information?

• Tour “Trends in College Pricing” web-site

• Prices – Published, variation, net

• Institutional finances

• Enrollment and income

Agenda (page 2)

• Tour “Trends in Student Aid”

• Types of Student Aid

• Sources of Grand Aid

• Distribution of Student Aid

• Student Borrowing

Average Estimated Undergraduate Budgets, 2010-11 (Enrollment-Weighted)

SOURCE: The College Board, Trends in College Pricing 2010, Figure 1.

SOURCE: The College Board, Trends in College Pricing 2010, Table 1A.

SOURCE: The College Board, Trends in College Pricing 2010, Table 1B.

Average Annual Percentage Increases in Inflation-Adjusted Published Prices by Decade, 1980-81 to 2010-11

SOURCE: The College Board, Trends in College Pricing, Figure 4

Public Two-Year Colleges Average Tuition and Fee and Room and Board (TFRB) Charges by College Board Region, in Constant 2010 Dollars, 2000-01 and 2010-11 (Enrollment-Weighted)

SOURCE: The College Board, Trends in College Pricing 2010, Figure 6.

Public Four-Year Colleges and UniversitiesAverage Tuition and Fee and Room and Board (TFRB) Charges by College Board Region,in Constant 2010 Dollars, 2000-01 and 2010-11 (Enrollment-Weighted)

SOURCE: The College Board, Trends in College Pricing 2010, Figure 6.

Private Nonprofit Four-Year Colleges and UniversitiesAverage Tuition and Fee and Room and Board (TFRB) Charges by College Board Region in Constant 2010 Dollars, 2000-01 and 2010-11 (Enrollment-Weighted)

SOURCE: The College Board, Trends in College Pricing 2010, Figure 6.

Published Tuition and Fees, Net Tuition and Fees, and Room and Board in Constant 2010 Dollars, Full-Time Undergraduate Students, 1995-96, 2000-01, 2005-06 and 2010-11

Note: Financial aid values for 2010-11 are estimated based on earlier years.

SOURCE: The College Board, Trends in College Pricing 2010, Figure 7.

Net Price: Public Two-Year CollegesFull-Time Students by Dependency Status and Family Income, 2007-08

SOURCE: The College Board, Trends in College Pricing 2010, Figure 8B.

Mean and Median State Appropriations for Higher Education per $1,000 in Personal Income, 1989-90 to 2009-10

SOURCE: The College Board, Trends in College Pricing 2010, Figure 11A.

State Appropriations for Higher Education per $1,000 in Personal Income by State, 2009-10 (including Federal Stimulus Funds)

SOURCE: The College Board, Trends in College Pricing 2010, Figure 11B.

Net Tuition Revenue per Full-Time Equivalent (FTE) Student by Carnegie Classification, 2002–2008in Constant 2008 Dollars

SOURCE: The College Board, Trends in College Pricing 2010, Figure 12B.

Educational Expenditures per Full-Time Equivalent Student by Carnegie Classification, 2002–2008, Selected Years in Constant 2008 Dollars

SOURCE: The College Board, Trends in College Pricing 2010, Figure 13.

Percentage Growth in Mean Family Income by Quintile in Constant 2009 Dollars, 1979–1989, 1989–1999, and 1999–2009

SOURCE: The College Board, Trends in College Pricing 2010, Figure 16A.

Median Family Income by Selected Characteristics, 2009

SOURCE: The College Board, Trends in College Pricing 2010, Figure 16B.

Ten-Year Trend in Student Aid and Nonfederal Loans per FTE Used to Finance Postsecondary Education Expenses in Constant 2009 Dollars, 1999-2000 to 2009-10

SOURCE: The College Board, Trends in Student Aid 2010, Figure 1.

Undergraduate Student Aid by Source (in Billions), 2009-10

• SOURCE: The College Board, Trends in Student Aid 2010, Figure 2A.

Graduate Student Aid by Source (in Billions), 2009-10

SOURCE: The College Board, Trends in Student Aid 2010, Figure 2B.

Grants and Loans as a Percentage of Funds from Total Aid and Nonfederal Loans Undergraduate Students, 1994-95 to 2009-10

SOURCE: The College Board, Trends in Student Aid 2010, Figure 8A.

Grants and Loans as a Percentage of Funds from Total Aid and Nonfederal Loans Graduate Students, 1994-95 to 2009-10

SOURCE: The College Board, Trends in Student Aid 2010, Figure 8B.

Average Student Debt per Borrower andAverage Student Debt per GraduatePublic Four-Year Bachelor’s Degree Recipients1999-2000 to 2008-09 (in Constant 2009 dollars)

SOURCE: The College Board, Trends in Student Aid 2010, Figure 10A.

Average Student Debt per Borrower andAverage Student Debt per GraduatePrivate Four-Year Bachelor’s Degree Recipients1999-2000 to 2008-09 (in Constant 2009 dollars)

SOURCE: The College Board, Trends in Student Aid 2010, Figure 10B.

Average Aid per Undergraduate FTE, 1994-95 to 2009-10 in Constant 2009 Dollars

SOURCE: The College Board, Trends in Student Aid 2010, Figure 11A.

Average Aid per Graduate FTE, 1994-95 to 2009-10 in Constant 2009 Dollars

SOURCE: The College Board, Trends in Student Aid 2010, Figure 11B.

Maximum Pell Grant as a Percentage of Tuition and Fees and Room and Board (TFRB), 1990-91 to 2010-11

• SOURCE: The College Board, Trends in Student Aid 2010, Figure 13B.

Percentage Distribution of Pell Grant Recipients by Family Income and Dependency Status, 2008-09

SOURCE: The College Board, Trends in Student Aid 2010, Figure 14A.

Percentage Distribution of Pell Grant Recipients by Age, 2008-09

SOURCE: The College Board, Trends in Student Aid 2010, Figure 14B.

State Grant Dollars per Full-Time In-State Undergraduate Student and Percentage Receiving State Grants, by Dependency Status and Income, Selected States, 2007‑08

SOURCE: The College Board, Trends in Student Aid 2010, Figure 16.

“Trends” web-site

For more information, visit:

trends.collegeboard.org

Contact Information

Al Hermsen

Senior Director – Student Financial Aid

Wayne State University

AHermsen@wayne.edu

313-577-4982

Paul Schroeder

Senior Educational Manager

College Board

PSchroeder@collegeboard.org

847-653-4504